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56 Sommerset Dr; Rio Rancho, NM Property Details

56 Sommerset Dr, Rio Rancho, NM is a Single Family that was built in 1984. This property is currently a cash purchase and is not for sale. Our records show that 56 Sommerset Dr has 2 bedrooms, and 1 bathroom, and a total of 864 square feet. The lot size of 56 Sommerset Dr is 8,712 square feet.

Off market
56 Sommerset Dr SE Rio Rancho, NM 87124
$250,000 Listing Price
2 Beds
1 Baths
864 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1984
  • Est. Equity / %: $261,000 / 100%
  • Gross Yield: 8.515%
  • APN: R121499
  • Situs County: Sandoval
  • Length Of Ownership: 1 year, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1

Measurements

  • Total: 864/SqFt
  • Lot: 8,712/SqFt
  • Gross: 864/SqFt
  • Living: 864/SqFt
  • Building: 864/SqFt

Legal Description

  • Description: LEGAL: SUBD: CEDAR HILLS 3 BLOCK: 13 LOT: 8
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rio Rancho Public Schools
  • Lat / Lon: 35.244537 / -106.73533
  • Subdivision: Cedar Hills 3
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 3373

HOA

  • H O A One: $35
  • H O A Amount: $35
  • H O A One Frequency: Monthly
  • H O A One Name: Cedar Hills & Adjacent Neighborhood Asso
  • H O A One Type: Home Owner Association

Ownership Info

56 Sommerset Dr SE has no associated ownership info
56 Sommerset Dr SE has no associated ownership info.

Taxes

56 Sommerset Dr SE has 10 associated Taxes items

56 Sommerset Dr, Rio Rancho, NM pays taxes in Sandoval County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $84,908. The APN we've located for 56 Sommerset Dr is R121499.

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Taxes
  • Assessed Value:  $84,908
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R121499
  • Assessed Land Value:  17000
  • Market Land Value:  51000
  • Tax Amount:  2988
  • Tax Year:  2025
  • Market Value:  254724
  • Market Year:  2025

Tax History

56 Sommerset Dr SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $84,908 Land Value $17,000 Improvement Value $67,908 Tax Amount $2,988 Change Rate +0.109906% Assessed CR Tax Rate +0.035191%
Year 2024 Assessed Value $74,698 Land Value $17,000 Improvement Value $57,698 Tax Amount $2,692.12 Change Rate +0.617083% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $45,547 Land Value $11,282 Improvement Value $34,265 Tax Amount $1,664.8 Change Rate +0.029994% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $44,221 Land Value $11,000 Improvement Value $33,221 Tax Amount $1,616.32 Change Rate +0.019683% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $49,793 Land Value $11,000 Improvement Value $38,793 Tax Amount $1,585.12 Change Rate +0.482612% Assessed CR Tax Rate +0.031834%
Year 2020 Assessed Value $28,615 Land Value Improvement Value Tax Amount $1,069.14 Change Rate +0.023003% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $27,782 Land Value Improvement Value Tax Amount $1,045.1 Change Rate +0.06326% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $27,782 Land Value Improvement Value Tax Amount $982.92 Change Rate +0.043196% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $26,972 Land Value Improvement Value Tax Amount $942.22 Change Rate -0.076454% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $26,972 Land Value Improvement Value Tax Amount $1,020.22 Change Rate -0.013308% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,033.98 Change Rate +0.013487% Assessed CR Tax Rate
Year 2014 Assessed Value $26,972 Land Value Improvement Value Tax Amount $1,020.22 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $26,972 Land Value $7,285 Improvement Value $19,687 Tax Amount Change Rate Assessed CR Tax Rate